Commercial risk prohibits managers revealing shorts

regulators must accept lower transparency on short side

Investors and regulators should never expect they will receive equal transparency on hedge funds' long and short sides due to the 'complete imbalance' in risk return profiles on each side of the book, according to a leading fund manager.

Ian Morley, chief executive of fund of fund manager Dawnay Day Olympia, told the Law and Regulation of Hedge Funds conference in London that the 'commercial and fiduciary risk involved in revealing shorts' was too great to make it feasible for hedge fund managers

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here